Debt LevelsThe group displayed net debt of €3.2 million, particularly driven by the WCR effect.
Financial PerformanceEBITDA decreased by 17.5% compared to 2022, mainly due to a loss on gross margin, significant staffing increases, and larger sponsorship agreements.
Product PerformanceThe Racing Spirit product orders are penalizing the group's growth as the Other product category showed a decrease of more than 30%.